Real Estate (Regulation And Development) Act

The new norms succinctly sum up the RBI's view on how some of the ARCs have been run

The realtor will deliver the remaining 50 per cent of the units to customers in the second phase of the projects

Near 10% dip in registrations to Rs 27,509 crore since January; units worth Rs 25-50 lakh each constitute 51% of total

If they do not get registered with us then we have got enough of more power to take action against them under section 59 and 61 of the Act.

As of now, it seems that the markets are seeing through the coronavirus issue and playing for the phase when the virus is contained and does not create any uncertainty or risk.

Godrej signed a similar deal with a Bengaluru-based developer recently. In the new version of DM, Godrej may or may not charge a fee, as it's a 50 per cent partner in the project

Real estate regulators may not give relief to home buyers if the agreement is not executed